Be thankful if you still have a job: After the hell year that was 2009, a lot of fashion people don't. Many designers were fired, some were hired, and plenty lost their businesses altogether. An overview of the tumult:

Label Closures

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Christian Lacroix's namesake house teetered on the brink of collapse for the better part of this year. After filing for bankruptcy in Paris this May, owners the Falic Group announced a "restructuring" plan that would see the couture house shuttered, and the Lacroix name live on only in ready-to-wear and accessories licenses. After it became known that the house of Lacroix had never turned a profit in 22 years of operation, Christian Lacroix told the press he was "too angry to cry," and that he had been working without pay for over a year.

Jennifer Lopez has had bad luck with her clothing lines. The star founded JLO clothing in 2007, and closed it two years later. Replacement label Justweet lasted two seasons. This June, her latest effort, Sweetface, also bit the dust. Good thing she's still raking in the dough from her perfumes.

Olivier Theyskens's recent departure from Nina Ricci suggests to me that the vital role of artistic talent has been obscured in the current economic climate. My staff and I were shocked to learn that Theyskens's contract would not be renewed; and I am very concerned that the business of fashion is undervaluing the most important asset our industry requires: creative visionaries. There's a reason we continue to see Theyskens's influence everywhere, from catwalks to the mall. He'll be back, but fashion must hold its nerve. This is the mission that we at Vogue happily shoulder.

The whole situation at the house of Ungaro this year is just Kafkaesque in its web of intricate reversals of fortune and surprise non-sequiturs. After many strenuous denials that any such move might even be considered, might even be on the table, C.E.O. Mounir Moufarrige summarily fired young Colombian designer Esteban Cortazar for failing to generate sales and buzz for the esteemed, though somewhat dusty, fashion house — and, we later learned, for refusing to work with Lindsay Lohan.

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New designer Estrella Archs was brought on board — with La Lohan as her "artistic adviser" sidekick. ("It could work," said Moufarrige.) Their collection of very short, very tight, and very embellished dresses was widely panned by critics and the line was dropped by most of its U.S. distributors; Lohan later distanced herself from the decision to style the show models with heart-shaped sparkly pasties over their nipples. Then the Times of London visited her and found a disturbing scene:

The room looks like the aftermath of one of those home-alone teen parties advertised on Facebook that then gets horribly out of hand. Chaos rules. Designer clothes are strewn everywhere; most of them from a sweep of the Emanuel Ungaro boutique that Lohan made upon her arrival in Paris, walking away with an estimated £90,000 worth of free clothes. Shoes, make-up, jewellery, even a stray lampshade obscure the hotel carpet. Her passport is in here somewhere. She's been looking for it for days.

Even Ungaro himself spoke out to attack Archs and Lohan's efforts; Moufarrige denied the disastrous reception had caused any tensions, and said Lohan would stay. Then he himself abruptly quit. Stay tuned for what happens next!

Former Valentino chief executive Matteo Marzotto and Marni chief executive Gianni Castiglioni bought the rights to the house of Vionnet in February. The clothes, when they came, were perhaps the biggest disappointment of the year. Hint to designers: There is so much you can do with Vionnet! The real Vionnet frikking invented cutting on the bias, okay? Have the temerity to at least try something daring.

Bill Blass was one of the recession's earliest casualties. The talented creative director, Peter Som, and all the other employees were fired unceremoniously just before Christmas last year; the bankrupt label was later sold, for a bargain basement price of $10 million. (In January of this year, just before his planned show at New York Fashion Week, Peter Som lost the financial backing for his own label, too.) Just this month, the new owners, Peacock Holdings, announced Jeffrey Monteiro would be taking over the designing reins. We'll see his first collection — the Times called Monteiro's clothes "nothing startling" — next winter.

In 2009, everyone who was anyone got a clothing line. (Or that potentially even more remunerative consolation prize, a namesake perfume.) In the stormy waters of a recession, perhaps it's no surprise that plenty of megabrands would seek the safe harbor of a celebrity and her or his contractually obligated promotional heft.

What will 2010 bring? This was the year of huge falls in sales and constant readjustments; 2010's shocks, coming after this raft of closures and downsizings and layoffs and consecutive quarters of declining year-on-year results will, hopefully, seem and be modest. Nobody in the fashion industry is out of the woods yet, but perhaps it's not naïve to hope that the rate of attrition should at least slow down.

The rate of stupid celebrity fashion collab debuts, however, is a trend I expect to remain strong. At least Lindsay Lohan's second collection for Ungaro should be worth watching.